Sunrise Bay at Emaar Beachfront Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Sunrise Bay, account number 1065*****20002 (shown in full in the Escrow Details section above), registered under DLD project number 2025 when the project entered the Dubai Land Department register on 14 February 2018. The Independent Progress Monitoring Report for the 9 September 2021 inspection names the same bank as the project's trust account bank.

Money collected in the escrow account was released to Emaar only against construction stages certified through DLD inspections, never simply because a date had arrived. The DLD project register (Dubai REST) records 100 percent at the inspection dated 9 September 2021, up from 98.02 percent at a previous inspection the register lists without a date, and that reading closed the construction release cycle. The full inspection record is tracked on the Sunrise Bay construction updates page.

Oqood is the Dubai Land Department's interim register for off-plan sales. While Sunrise Bay was under construction, each unit sold off plan was recorded there and the buyer's payments were directed into the project escrow account. With the building complete, a purchase today is registered through a DLD transfer, at which the balance is settled and ownership is recorded on a title deed in the buyer's name.

No. The 4% DLD registration fee is paid to the Dubai Land Department and is calculated on the purchase price. It is a government registration charge rather than a payment toward the apartment itself, so it does not pass through the Sunrise Bay escrow account at Abu Dhabi Commercial Bank.

Yes, within the limits of what escrow does. Buyer funds stayed in the account and were released only against certified progress whatever the calendar said, so capital was never paid out ahead of the work it paid for. Escrow does not compensate for delay; those terms sit in the Sales and Purchase Agreement. In practice the question never arose at Sunrise Bay: the register recorded 100 percent on 9 September 2021, 52 days before the registered completion date of 31 October 2021.

The Dubai REST app lists the project under Services, Project Status, as project number 2025, Sunrise Bay. Its Escrow Account panel shows Abu Dhabi Commercial Bank and the account number given in the Escrow Details section above, and the same details appear in the escrow clause of the Sales and Purchase Agreement. Where any other source differs from Dubai REST, the register is the authority.

No. Off-plan payments for Sunrise Bay were accepted only into the DLD-registered escrow account 1065*****20002 at Abu Dhabi Commercial Bank (the full number sits in the Escrow Details section above), and a ready purchase today is settled at the DLD transfer rather than into any individual's account. A request to route money into a private individual's account, a broker's account or an unfamiliar company account, above all one sweetened with a discount for paying directly, matches the standard pattern of payment fraud however official the paperwork appears, and it is a signal to compare the instruction with Dubai REST and the Sales and Purchase Agreement before any money moves.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and buyer refunds are handled from the protected funds under DLD supervision. That safety net only ever reached money paid into the registered account. Sunrise Bay never approached that point: the register records 100 percent on 9 September 2021 and now lists the project as Finished. How the DLD regulates escrow across the market is covered in the Dubai Land Department guide.

Escrow protected buyer capital while Sunrise Bay was being built, and its reach ends there. It does not compensate for delay, which is governed by the Sales and Purchase Agreement, and it does not protect money sent to any account other than the registered one. It also says nothing about the condition of an individual apartment or the running costs of owning one after handover.

Not in the way it did during construction. Escrow exists to hold off-plan payments until works are certified, and at Sunrise Bay that cycle ended with the 100 percent reading of 9 September 2021. A ready purchase today rests mainly on the DLD transfer itself, where the balance is settled and the title deed is issued, with the payment route for the specific unit set out in the sale agreement.

Sunrise Bay's own record is complete. The DLD register logged 100 percent on 9 September 2021, the monitoring report for that visit notes the DCD issued on 08 Jun 2021 and the BCC issued by DDA on 22 Jun 2021, and the registered completion date of 31 October 2021 was met. Elsewhere in Dubai, Emaar's Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024) are recorded as delivered; these are not Emaar Beachfront phases, and their dates have not been checked against DLD entries.